secwatch.observer — SEC 8-K summary
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Issuer:     P3 Health Partners Inc. (PIII)
CIK:        0001832511
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001832511-26-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

P3 Health Partners enters Nebraska Medicare Advantage agreement with large nonprofit health insurer
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- P3 will provide clinical, operational, and data-driven support to primary care providers in client’s Nebraska Medicare Advantage network.
- Management services fees for performance years 2026 and 2027; global risk arrangement for 2028 and beyond.
- Master Services Agreement initial term through Dec 31, 2030, with automatic one-year renewal unless 180-day notice given.
- Client may terminate SOW upon 90-day notice if P3 fails to meet agreed performance metrics for 2026 or if key persons depart.
- If client opts not to pursue CMS Medicare Advantage bid for 2027-2028, SOW terminates with break-up fee covering actual costs plus direct termination costs, capped at an agreed amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832511/000183251126000006/0001832511-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832511/000183251126000006/piii-20260319.htm
  HTML page:      https://secwatch.observer/filing/0001832511-26-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer